AllyRicig
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If $10000 is invested at a rate of 3 percent for 10 years, how much money is in the account at the end of the term?
A. 300
B. 3,000
C. 10,000
D. 13,000

Respuesta :

D.    $10,000 x .03 x 10 = $3,000 interest       add interest to principal
                                                                        $3,000 + $10,000 = $13,000
                                                                        in account after 3 years

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